Arbitration - Page 1
- Location of Arbitration. Customer understands and agrees that by signing this Agreement, the Customer is agreeing for himself/herself and for Customer's successors, assigns, heirs and/or any party acting on Customer's behalf, that any controversy, claim or dispute arising out of or relating to this Agreement or its breach shall be settled solely and exclusively by binding arbitration in Los Angeles, California.
- Nature and Composition of Arbitration Panel. Such arbitration shall be conducted before Judicial Arbitration and Mediation Services ("JAMS"), or if JAMS is not available, any other organization that the parties mutually agree to use. The parties shall mutually agree upon three neutral arbitrators. The parties agree to meet and confer until all arbitrators mutually acceptable are agreed upon.
- Costs of Arbitration. The expenses and fees of the arbitration, together with other expenses of the arbitration incurred or approved by the arbitrators, shall be divided equally between the parties.
- Right of Discovery. In conducting the arbitration, Customer and CGG shall be entitled to engage in full and complete discovery as set forth in the California Code of Civil Procedure and as though an action were filed in the Superior Court of the State of California, County of Los Angeles.
- Confidentiality. Any dispute, testimony, documents produced and outcome of the arbitration shall remain confidential. Any breach of this confidentiality clause shall entitle the non-breaching party to seek injunctive relief and/or compensatory damages from any court having competent jurisdiction or the arbitration panel.
